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Tomasz:
One improvement over Ensign, imo, is to bypass
"width," "left," and "right" and just have price and % print all of the
time and be positioned against the right axis. Together with empty bar
space, this places this information off the chart, which all too
often clutters up the chart right where one wants to study price
structure. I set the default width to 25 which takes care of the price
label, but the % label is still within the chart body. Along the same
lines, it would be quite handy to permit automatic exclusion of retracement
levels that are too small and no longer of interest. In other words, if
the price is at a .786 retracement, there is usually no need to plot more than
one smaller level (e.g., .618). This type of switch would allow the
specified levels to remain unchanged on the property page and yet each time
produce the minimum retracement lines on the chart.
Bill
<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
Tomasz Janeczko
To: <A title=amibroker@xxxxxxxxxx
href="">amibroker@xxxxxxxxxxxxxxx
Sent: Friday, October 04, 2002 2:40
PM
Subject: Re: [amibroker] Fib extension
check box
Ken,Show Extensions show levels that extend above
current upper point of the trend line.If you check other programs like
Ensign for example - it works the same way there.Best
regards,Tomasz Janeczkoamibroker.com----- Original Message -----
From: "Ken Close" <<A
href="">closeks@xxxx>To: "AmiBroker
List" <<A
href="">amibroker@xxxxxxxxxxxxxxx>Cc:
<amibroker@xxxx>Sent:
Friday, October 04, 2002 8:34 PMSubject: [amibroker] Fib extension check
box> All/Tomasz: I am finding the convention or rulefor
fib extensions is> confusing.> > When I click first on a
low and drag upwards to a high, and release, the> first fib line (on
the local low) is labeled 100% and the high fib line (on> the local
high) is labeled 0%. This is reasonable because you are looking>
for a percentage retracement of the move from the high.> > If I
have any boxes checked for moves greater than 100% like, 127% or>
161.8%, then these appears ABOVE the zero line, when "Show extensions"
is> checked. If I uncheck "Show extensions", the 127% and 161%
lines move below> the 100% line.> > I am learning touse
this, but it is counter-intuitive.> > A retracment can be more
than 100%, in which case the lines below the 100%> line (unchecked
"show extensions") makes sense.> > When I check the "Show
extensions" box, I plan to move the fib array around,> and the most
logical would be for the 100% line to become the zero% line,> the zero%
line to become the 100% line, and the greater than 100% fib levels> to
extend beyond the 100% line. The labeling does not change now, and
you> just have to get used to putting the 100% line in your new
location.> > If you did not understand a word of this, just
forget it....but if you use> Fib extensions to predict end points for
the next waves, then you should> know what I mean.> > The
question to Tomasz is:> Is this still usable in its current
form?> Answer: yes, once you get used to the reversed labeling in
extensions vs> what it should be.> > Could it be
better?> Answer: yes, the check box could reverse the labeling of the
various fib> level lines.> > Is this a high priority
issue?> Answer: no.> > This is sort of an opinion, sort
of a suggestion.> > Ken> > > >
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